Effect of Corporate Tax Cut on the Market

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As the year 2001 unfolds and the presidency of George W. Bush begins to preside over the country, income tax rates have become a concern. President Bush is pushing for a new income tax bill that will reduce the tax brackets from 15%, 28%, 31%, 36%, and 39.6% to a new bracket in 2006 of 10%, 15%, 25%, and 33%. A cut in individual income taxes would benefit most Americans and is well deserved. However, there is no plan to cut the corporate tax rates as …

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